Here is Why Denison Mines (DNN) Surged This Week
The share price of Denison Mines Corp. (NYSEAMERICAN:DNN) surged by 12.8% between September 16 and September 23, 2025, putting it among the Energy Stocks that Gained the Most This Week.
Denison Mines Corp. (NYSEAMERICAN:DNN) is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada.
Denison Mines Corp. (NYSEAMERICAN:DNN) shot up after uranium futures in the US surged to above $80 per pound this week, the highest in ten months. The price hike comes after US Energy Secretary Chris Wright stated that the country is looking to boost its strategic uranium reserve to reduce reliance on Russian supplies and increase confidence in the long-term prospects of nuclear power generation.
Moreover, it was recently revealed that Denison Mines Corp. (NYSEAMERICAN:DNN) has invested over $1 million in Foremost Clean Energy, which the latter will use to advance exploration of its 330,000-acre uranium portfolio in Saskatchewan’s Athabasca Basin and for general corporate purposes.
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